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Bitcoin falls below $68k, marking the third time this year that it has touched this level.
The previous two instances were on February 10, February 17, and March 23, with each decline less than 2%. This time, the 24-hour decline expanded to 4.98%, the largest fluctuation recently.
The key point is that this drop follows the breach of $78k on May 16 (a 3.13% decline), forming a continuous downward channel from $78k to $68k.
Compared to the fluctuations of less than 1% when it was trading sideways at $118,000 in July-August last year, market volatility has now significantly increased, and downward pressure has intensified. 📉 #BTC